Jan. 21, 2011

Today’s issue is brought to you by AIS's Specialty Pharmacy News, a monthly newsletter designed to help health plans, PBMs, providers and employers contain costs and improve outcomes related to high-cost specialty products.

 
Today's Featured Story

Almost Half of Surveyed Health Plans Will Follow FDA’s Lead on Avastin  
Reprinted from Specialty Pharmacy News

Following the FDA’s recommendation to revoke the breast cancer indication for Avastin (bevacizumab) — even though the decision has not been finalized — Debbie Stern, vice president of managed care consulting firm Rxperts, Inc., tells AIS that her company surveyed 12 managed care organizations and asked the following question: “Do you anticipate any changes to your coverage policy for Avastin now that the FDA has begun the process to rescind the approval in metastatic breast cancer?” .... Read Full Story

 

Quote of the Day

CVS Caremark’s deal to purchase the Part D business of Universal American Corp. for $1.25 billion “is clearly a large strategic acquisition. It’s a bet on the longevity of Part D. It’s a bet on economies of scale. It’s a bet on the stronger presence of pharmacy networks in Part D.”

— Dan Mendelson, president of the consulting firm of Avalere Health LLC, told AIS’s Drug Benefit News

Click here to read the DRUG BENEFIT NEWS article in which this quote appeared. (Free for DBN subscribers; $17 for non-subscribers).

 

Today's Datapoint

4% …was the growth in health care spending in the U.S. during 2009 (for a total of $2.5 trillion), down from 4.7% in 2008, according to a new report by CMS’s Office of the Actuary.

From HEALTH PLAN WEEK .

 

People on the Move

Cetero Research, an early-stage contract research organization, appointed Roger Hayes president of bioanalytical operations. Hayes was director of bioanalytical at Schering-Plough Research Institute....First DataBank, a developer of drug databases, named Karl Matuszewski, PharmD., vice president of clinical and editorial knowledge base services. Matuszewski was vice president and editor-in-chief at Gold Standard/Elsevier.

 

Today's Featured Health Business Job Opening

Blue Cross and Blue Shield of Vermont
Vice President, Sales and Marketing
Burlington, Vt.



Place Your Ad Here
 

Content questions or suggestions should be directed to BJ Taylor, editor of AIS's HEALTH BUSINESS DAILY, at bjtaylor@aishealth.com. If you are interested in sponsoring AIS's HEALTH BUSINESS DAILY, please contact Bailey Sterrett at bsterrett@aishealth.com.

AIS's HEALTH BUSINESS DAILY is copyrighted and protected by federal law. The re-use of its content is restricted (see below). However, you are permitted to forward this e-mail to as many of your friends and colleagues as you wish, or better yet have them sign up for their own copy at http://www.magnetmail.net/actions/ atlantic_subscription.cfm, where you can also sign up for AIS's Government News of the Week. Copyright © 2010 Atlantic Information Services, Inc. (AIS). All rights reserved. It is not permissible to include all or any portion of this content on any Web site, intranet or electronic network or in any print publication, without AIS's written permission in advance. Permission requests should be directed to rbiehl@aishealth.com.

www.AISHealth.com